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Boldtek: Boosting resilience through partnerships

Jennifer Tan-Stanisic
Jennifer Tan-Stanisic2/17/2022 02:26 PM GMT+08  • 8 min read
Boldtek: Boosting resilience through partnerships
"We were lucky in that Boldtek has prepared itself in advance for major disruptions."
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Building and construction industry veteran Phua Lam Soon is a firm believer in the power of strategic alliances. The gregarious 59-year-old strives to leverage the benefits inherent in collaborations to catalyse innovation and solve complex challenges.

“Two heads, or more, are always better than one,” says the co-founder and CEO of Singapore-listed construction services and property development company Boldtek Holdings.

“Many local towkays shy away from partnerships as they prefer to operate solo. I, on the other hand, am a jovial character, and enjoy working with partners. If a business associate comes to me with an idea, and I find it feasible, I would be keen to work it out together and see how big the idea can grow.”

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